Author: Bella Hayes

Investing.com– Bitcoin remained flat on Friday amid soft year-end trading volumes, while investors stayed cautious about the prospect of cryptocurrencies after the Federal Reserve turned hawkish last week. fell 1.7% to $94,488.7 by 3:55 p.m. ET (20:55 GMT). The popular crypto had topped $97,000 earlier in the day. Bitcoin pulled back on Thursday as markets seemingly responded to inaccurate chart data from TradingView. The cryptocurrency dipped toward $95,000 after social media users flagged an anomaly on TradingView’s Bitcoin dominance chart, which incorrectly showed Bitcoin’s share of the total crypto market cap dropping to 0%. Although the error was later corrected,…

New York, New York–(Newsfile Corp. – December 30, 2024) – WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Quanterix (NASDAQ:) Corporation (NASDAQ: QTRX) resulting from allegations that Quanterix may have issued materially misleading business information to the investing public. SO WHAT: If you purchased Quanterix securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses. WHAT TO DO NEXT: To join…

In a challenging market environment, Star Bulk Carriers Corp. (NASDAQ:) stock has reached a 52-week low, dipping to $14.59. According to InvestingPro analysis, the stock appears undervalued with a P/E ratio of 4.82, while maintaining a robust 16.16% dividend yield and a GOOD overall financial health rating. The dry bulk shipping company, which has been navigating through volatile shipping rates and industry headwinds, has seen a significant downturn over the past year. Investors have witnessed a -31.09% change in the stock’s value over the past 12 months, reflecting broader economic pressures and sector-specific challenges that have weighed heavily on the…

Following this acquisition, Lipson holds a total of 1,619,533 shares in the company. This transaction reflects Lipson’s continued investment in the company, which operates in the mining and quarrying of nonmetallic minerals sector. With a market capitalization of $8.8 million and an overall financial health score rated as ‘FAIR’ by InvestingPro, the company presents an interesting case for investors. InvestingPro analysis reveals 5 additional key investment tips for BLTH – unlock these insights and more with an InvestingPro subscription. With a market capitalization of $8.8 million and an overall financial health score rated as ‘FAIR’ by InvestingPro, the company presents…

Ocean Power Technologies (OPTT), a leader in innovative ocean energy solutions with a market capitalization of $111.6 million, has seen its stock reach a 52-week high, touching $0.82. According to InvestingPro analysis, the company’s stock is currently trading above its Fair Value. This peak reflects a significant surge in investor confidence, with InvestingPro data showing an impressive 143.5% return over the past six months alone. The company’s progress in harnessing the power of ocean waves for renewable energy has captured the market’s attention, translating into substantial gains for its shareholders. While revenue grew by 82.7% in the last twelve months,…

In a remarkable display of resilience, CCLDP stock soared to a 52-week high, reaching a price level of $18.94. The company, with a market capitalization of $62.85 million, maintains a “GREAT” financial health score according to InvestingPro analysis. This peak reflects a significant turnaround for the stock, which has seen an impressive 1-year change, surging by 143.82%. While currently not profitable, analysts expect the company to turn profitable this year, according to InvestingPro forecasts. Investors have shown increased confidence in the company’s prospects, propelling the stock to new heights over the past year. The surge to the 52-week high underscores…

FORT LAUDERDALE, Fla.–(BUSINESS WIRE)–Templeton Emerging Markets Income Fund [NYSE: TEI]Notification of Sources of DistributionsPursuant to Section 19(a) of the Investment Company Act of 1940The Fund’s estimated sources of the distribution to be paid on December 31, 2024, and for the fiscal year 2024 year-to-date are as follows: Estimated Allocations for December Monthly Distribution as of November 30, 2024:DistributionPer ShareNet InvestmentIncomeNet RealizedShort-Term CapitalGainsNet RealizedLong-Term CapitalGainsReturn of Capital$0.0475$0.0475 (100%)$0.00 (0%)$0.00 (0%)$0.00 (0%)Cumulative Estimated Allocations fiscal year-to-date as of November 30, 2024, for the fiscal year ending December 31, 2024:DistributionPer ShareNet InvestmentIncomeNet RealizedShort-Term CapitalGainsNet RealizedLong-Term CapitalGainsReturn of Capital$0.5225$0.4946 (95%)$0.0036 (1%)$0.00 (0%)$0.0243 (4%)Shareholders should…

JetBlue Airways Corporation (NASDAQ:) shares have reached a 52-week high, climbing to $8.08, marking a significant turnaround for the airline. According to InvestingPro data, the stock is currently trading near its Fair Value, with seven analysts recently revising their earnings expectations upward for the upcoming period. This peak represents a robust recovery from previous lows, reflecting investor confidence and a positive shift in the company’s prospects. Over the past year, JetBlue’s stock has witnessed an impressive 44.14% increase, indicating strong momentum despite operating with a significant debt burden of $8.8 billion and negative free cash flow. This performance is particularly…

Chesapeake Energy Corporation (NYSE:)’s stock has reached a new 52-week high, trading at $101.31, signaling a strong performance period for the company. With a market capitalization of $23.38 billion, the energy giant continues to demonstrate robust momentum. InvestingPro analysis suggests the stock is currently trading above its Fair Value. This peak comes amidst a broader market that has seen various fluctuations, yet Chesapeake Energy has managed to outperform expectations. Over the past year, the company has witnessed a substantial year-to-date return of 29.24%, with particularly strong momentum over the last three months. This growth trajectory highlights investor confidence and the…

Investing.com — President-elect Donald Trump has given his full endorsement to Speaker Mike Johnson, in an effort to prevent a potential leadership dispute in the House that could hinder his second-term plans. Trump expressed his support for Johnson on his Truth Social network on Monday. Trump’s endorsement comes as the House is set to vote for the speaker position on January 3. Despite no official challenger to Johnson having emerged, some Republicans have expressed concern that a contest for the role could delay the implementation of Trump’s policy initiatives and even the confirmation of his election win. The Republican party…